Grow Your Freelance Business - ep#118

Author Comments

Here it is… the final part in the RubberOnion Freelance School and we’re talking about the likely goal in your third year: growing your business. Everyone starts this journey for different reasons, but independence is usually high up on that list. So what happens when you get to that point that you’ve gotten into the freelance game, you’ve established your brand, you started making some more money, and now you’re up against a production wall – you just don’t have enough ours in the day to progress any farther by yourself… you grow your business! This episode covers when to hire-out, which types of jobs to hire for and how to adjust your quote price for a team, the option of connecting with other Freelancers, contracts and the benefits of a virtual studio.

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Listen for Hollywood Jack ‘n the Beanstalk, speedbumps and potholes, and “thumb or finger?”

Topics & Timestamps:

(7:33) Why growing your business is different than making more money
(11:52) The tree analogy
(14:41) Hire other people
(19:01) How to know when to hire
(32:19) Types of hires: small tasks
(39:38) Types of hires: medium & large tasks
(43:47) Being a “virtual studio”
(46:43) Forming a cooperative relationship with other Freelancers
(48:34) The mental block which prevents you from hiring others
(52:38) About alternative revenue streams
(54:40) About taxes
(56:09) About contracts
(1:01:02) How to adjust your price to accomodate more people/hires
(1:09:35) Thank you Patrons!